Economy, business and finance
Nifty trades near 23,290 mark; realty shares climb
The Feds indication of another rate hike in 2026 is likely to keep investors cautious, particularly in rate-sensitive and foreign-portfolio-investment-driven segments. However, buying interest in select domestic sectors provided some support. The Nifty traded near 23,290 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction.
Realty shares jumped in the two consecutive trading sessions.
At 10:25 IST, the barometer index, the S&P BSE Sense advanced 154.55 points or 0.21% to 74,491. The Nifty 50 index rose 76.75 points or 0.31% to 23,289.30.
In the broader market, the BSE 150 MidCap Index added 0.56% and the BSE 250 SmallCap Index rose 0.76%.
The market breadth was positive. On the BSE, 2,508 shares rose and 1,229 shares fell. A total of 219 shares were unchanged.